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Atlanta’s state agenda not approved by city council, including planned sales tax extension for water, sewer

Atlanta doesn’t have a state legislative agenda that’s been approved by the Atlanta City Council. That’s because then Mayor Kasim Reed didn’t present a proposed agenda to the council last autumn amid the buzz over the general and run-off elections, according to two members of the administration who spoke at Wednesday’s meeting of the city council’s Finance/Executive Committee.

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Atlanta leaders work on legislative agenda: thinking affordability, assessments and airport

Atlanta’s elected officials under the Gold Dome and at City Hall are working against a tight state deadline to figure out if they want to lobby for new laws or flexibility to set policy on affordability, renters’ rights, tax assessments and more. On Friday, new Mayor Keisha Lance Bottoms and near a dozen of Atlanta’s […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Avoid Being a Victim of Mortgage Fraud

Just this week a federal judge sentenced a former Auburn attorney to nearly four years in prison for mortgage fraud. James Boyd Douglas Jr. handled mortgage refinancings and real estate closings and was found guilty of embezzling $2.3 million from clients. An Atlanta area woman and her brother ran a real estate scam in Baldwin County […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Consumer Will Benefit From Simpler Mortgage Disclosure Form

For more than 35 years, two federal laws (the Truth in Lending Act or “TILA,” and the Real Estate Settlement Procedures Act or “RESPA”) have required lenders and settlement agents to give consumers who take out a mortgage loan separate but overlapping disclosure forms regarding the loan’s terms and costs. This duplication has long been […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Basel III To Change Mortgage Landscape

The mortgage industry has undergone many significant changes as a result of the financial crisis. One of the less known pending changes is about to take its final form and in its current draft Basel III will increase consumer costs and reduce consumers’ choice of mortgage providers. Basel III requires that a bank must maintain common […]

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